AB InBev, which makes world famous beers like Corona, Becks,
Budweiser, and Stella Artois, is buying 100% of the 5-year-old
brewery.

Camden Town's founder and CEO Jasper Cuppaidge told Business
Insider: "The biggest rationale is security. We wanted to make
sure that the brand was around for a long time and this capital
investment gives us that security for our employees, for the
brand, and also security to continue to make our beer as well as
we have for the past 5 years."

Camden Town is investing up to £18 million ($26.8 million) in
building a new brewing site in Enfield, North East London, and
upgrading its North London headquarters in Camden. As part of the
deal, AB InBev will contribute to this investment.

Cuppaidge told Business Insider today: "We've talked to a lot of
people over a long time but it took us some time to get the deal
right because obviously it's very important how we work together
as companies.

"They're a fantastically well-established brewing company and
we're a young brewing company. It's important that not only the
investment was right but also that the relationships were right.
That took some time, to get to a place where I was comfortable."

Camden Town Brewery bar.Camden Town Brewery

The takeover price is not mentioned in the email and Cuppaidge
declined to share it. Shareholders who bought in during a
crowdfunding campaign in May are being notified today by email so
we'll get a better idea then. That round valued Camden at £75
million ($111.7 million),
later cut to £50 million ($74.4 million) in a secondary
round.

Cuppaidge says: "For the amount of time they've been with us, I'd
be very happy if I was a Crowdcube investor."

Camden Town, founded in 2010, was one of the trailblazers of the
recent British craft brewing boom. It's known for beers such as
Camden Pale, Gentleman's Wit, and Hells Lager.

Cuppaidge said that Camden Town would not change despite selling
out to a global beer goliath. He says: "I'm on watch. I'm not
going anywhere. I'm the CEO of Camden Town Brewery and I'm going
to be around forever. Nothing's going to change."

"They liked our beers which is why they approached us — why would
they want to change anything?"